<SUBMISSION>




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549







FORM U-3A-2


File No. 69-302







Statement by Holding Company Claiming
Exemption under Rule U-3A-2 from the
Provisions of the Public Utility Holding
Company Act of 1935







FPL GROUP, INC.





Filed on February 28, 2002









Page 1 of 14


FPL Group, Inc. hereby files with the Securities and Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information:

1.

FPL Group, Inc. (FPL Group), the claimant, is a Florida corporation, organized in 1984, with its principal executive offices at 700 Universe Boulevard, Juno Beach, Florida 33408. FPL Group's business is the holding of all the outstanding capital stock of its subsidiaries. For information regarding FPL Group's subsidiaries, other than any exempt wholesale generator (EWG), as of December 31, 2001, see Appendix 1.

2.

The claimant's only subsidiary public utility company is Florida Power & Light Company (FPL), a Florida corporation, which is an electric utility. At December 31, 2001, FPL and the claimant had the following generating facilities:

Facility

Location

No. of Units

Fuel

Net Capability (mw) (a)

FPL:

                      
 

Steam turbines:

                      
 

Cape Canaveral

  

Cocoa, FL

  

2

  

Oil/Gas

    

806

    
 

Cutler

  

Miami, FL

  

2

  

Gas

    

213

    
 

Manatee

  

Parrish, FL

  

2

  

Oil

    

1,619

    
 

Martin

  

Indiantown, FL

  

2

  

Oil/Gas

    

1,613

    
 

Port Everglades

  

Port Everglades, FL

  

4

  

Oil/Gas

    

1,240

    
 

Riviera

  

Riviera Beach, FL

  

2

  

Oil/Gas

    

567

    
 

St. Johns River Power Park (SJRPP)

  

Jacksonville, FL

  

2

  

Coal/Petroleum Coke

    

254

(b)

  
 

St. Lucie

  

Hutchinson Island, FL

  

2

  

Nuclear

    

1,553

(c)

  
 

Sanford

  

Lake Monroe, FL

  

2

  

Oil/Gas

    

523

    
 

Scherer

  

Monroe County, GA

  

1

  

Coal

    

658

(d)

  
 

Turkey Point

  

Florida City, FL

  

2

  

Oil/Gas

    

800

    
         

2

  

Nuclear

    

1,386

    
 

Combined-cycle:

                      
 

Fort Myers

  

Fort Myers, FL

  

1

  

Gas

    

894

(e)

  
 

Lauderdale

  

Dania, FL

  

2

  

Gas/Oil

    

854

    
 

Martin

  

Indiantown, FL

  

3

  

Gas

    

1,233

    
 

Putnam

  

Palatka, FL

  

2

  

Gas/Oil

    

498

    
 

Combustion turbines:

                      
 

Fort Myers

  

Fort Myers, FL

  

12

  

Oil

    

636

    
 

Lauderdale

  

Dania, FL

  

24

  

Oil/Gas

    

840

    
 

Port Everglades

  

Port Everglades, FL

  

12

  

Oil/Gas

    

420

    
 

Diesel units:

                      

Turkey Point

Florida City, FL

5

Oil

12

TOTAL

16,619

_____________________

(a)

Represents FPL's net ownership interest in plant capacity.  After including the 1,101 mw FPL expects to add by mid-2002, FPL's expected net warm weather peaking capability for the summer of 2002 is approximately 17,720 mw.

(b)

Represents FPL's 20% ownership interest in each of SJRPP Units Nos. 1 and 2, which are jointly owned with the Jacksonville Electric Authority (JEA).

(c)

Excludes Orlando Utilities Commission's and the Florida Municipal Power Agency's combined share of approximately 15% of St. Lucie Unit No. 2.

(d)

Represents FPL's approximately 76% ownership of Scherer Unit No. 4, which is jointly owned with the JEA.

(e)

Represents six gas-combustion turbines in simple-cycle operation as part of a repowering project. Plant is expected to be in combined-cycle operation by June 2002.


Transmission and Distribution.  At December 31, 2001, FPL owned and operated 505 substations and the following electric transmission and distribution lines:


Nominal
Voltage


Overhead Lines
Pole Miles


Trench and Submarine
Cable Miles

                 

500

kv

  

1,107

(a)

  

-

    

230

kv

  

2,304

    

31

    

138

kv

  

1,448

    

50

    

115

kv

  

671

    

-

    

 69

kv

  

164

    

14

    

Less than 69kv

    

40,458

    

22,779

    

Total

  

46,152

    

22,874

    

_____________________

  

(a)

Includes approximately 75 miles owned jointly with the JEA.

3.

Florida Power & Light Company

Total kwh of Electric Energy Sold & Purchased
Year Ended December 31, 2001


State

  

kwh
Sold

  

Revenue
$

  

kwh
Purchased

  

Purchased
$

Arkansas

  

-

    

-

  

5,619,000

  

$

175,588

Ohio

  

-

    

-

  

873,000

    

24,126

North Carolina

  

-

    

-

  

4,988,000

    

168,817

Georgia

  

347,014,000

  

$

19,320,355

  

8,745,180,000

    

179,402,914

South Carolina

  

-

    

-

  

9,486,000

    

382,034

Tennessee

  

-

    

-

  

24,668,000

    

1,067,643

                     

Total electric energy sold at wholesale or purchased outside the State of Florida or at the State line

  



347,014,000

    



19,320,355

  



8,790,814,000

  



$



181,221,122

                     

Florida

  

93,140,984,633

    

7,344,770,778

          

                     

Total electric energy sold (at retail or wholesale)

  


93,487,998,633

  


$


7,364,091,133

          

 

Total MMBtu's of Gas Sold & Purchased
Year Ended December 31, 2001


State

  

MMBtu's
Sold

  

Revenue
$

  

MMBtu's
Purchased

  

Purchased
$

Alabama

  

3,512,037

  

$

14,065,657

  

33,031,383

  

$

103,100,384

Louisiana

  

9,222,294

    

37,211,679

  

184,252,528

    

746,057,951

Mississippi

  

15,000

    

63,000

  

16,308,535

    

53,435,556

Texas

  

-

    

-

  

1,251,177

    

3,359,933

                     

Total gas sold at wholesale or purchased outside the State of Florida

  


12,749,331

    


51,340,335

  


234,843,623

  


$


905,953,824

                     

Florida

  

3,093,060

    

18,596,342

          

                     

Total gas sold at wholesale

  

15,842,391

  

$

69,936,677

          

 

FPL had no natural or manufactured gas distributed at retail and no electric energy distributed at retail outside of Florida.

4.

FPL Group has the following interests in EWG's:


Doswell Limited Partnership (Doswell) is located in Ashland, Virginia. The business address of Doswell is 10098 Old Ridge Road, Ashland, VA 23005. Doswell has two facilities, a 708 megawatt gas-fired combined cycle plant and a 171 megawatt gas-fired simple cycle plant, which sells 100% of its power to Virginia Electric and Power Company. At December 31, 2001, ESI LP, Inc. and Doswell I, Inc. collectively owned 100% of the partnership interests in Doswell, an EWG, and ESI Doswell GP, Inc. owns 100% of Doswell I, Inc. ESI Energy, LLC (ESI Energy) is the parent of ESI LP, Inc. and ESI Doswell GP, Inc. ESI Energy is a wholly-owned subsidiary of FPL Energy, LLC (FPL Energy) which is wholly-owned by FPL Group Capital Inc (FPL Group Capital), a wholly-owned subsidiary of FPL Group. Commitments in connection with an expansion project at Doswell were approximately $500 thousand at December 31, 2001. FPL Energy had outstanding letters of credit and guarantees of approximately $22.3 million at December 31, 2001 for obligations under purchase and sale of power and fuel agreements. Senior secured bonds issued by an affiliate of Doswell are unconditionally guaranteed by Doswell. Fees for management and administrative services in 2001 totaled $331,099. FPL Group Capital has provided a guarantee, in lieu of posting cash or other security, to satisfy Doswell's obligation to fund a major maintenance account and debt service reserve. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital guarantee.

Capitalization and earnings during the reporting period were:

Total equity

  

$

30,314,399

Total debt obligations (intercompany)

  

$

413,950,000

Net income

  

$

46,628,970

FPL Group's equity in net income

  

$

46,628,970

Hawkeye Power Partners, LLC (Hawkeye, A/K/A Cerro Gordo), is located in Ventura, Iowa. The business address of Hawkeye is 10586 Balsam Avenue, Ventura, IA 50482. The facility is a 42 megawatt wind plant which sells 100% of its power to Interstate Power Company. At December 31, 2001, ESI Hawkeye Power, LLC owned 100% of Hawkeye, an EWG. ESI Energy is the parent of the entity that has an interest in Hawkeye. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. Fees for management and administrative services in 2001 totaled $165,081.

Capitalization and earnings during the reporting period were:

Total equity

  

$

39,541,611

Total debt obligations

  

$

0

Net income

  

$

1,705,960

FPL Group's equity in net income

  

$

1,705,960

Gray County Wind Energy, LLC (Gray County) is located in Montezuma, Kansas. The business address of Gray County is 100 W. Mexitili, Montezuma, Kansas 67867. The facility is a 112 megawatt wind plant which sells 100% of its power to Utilicorp United, Inc. At December 31, 2001, FPL Energy Gray County Wind, LLC owned 100% of Gray County, an EWG. ESI Energy is the parent of the entity that has an interest in Gray County. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Energy has an outstanding letter of credit of approximately $73.5 million at December 31, 2001 for obligations under turbine and tower purchase agreements. Fees for management and administrative services in 2001 totaled $17,000.

Capitalization and earnings during the reporting period were:

Total equity

  

$

99,144,609

Total debt obligations

  

$

0

Net income

  

$

154,747

FPL Group's equity in net income

  

$

154,747

Lake Benton Power Partners II, LLC (Lake Benton) is located in Ruthton, Minnesota. The business address of Lake Benton is 150 Evans Street, Box F, Ruthton, MN 56170. The facility is a 104 megawatt wind plant which sells 100% of its power to Northern States Power. At December 31, 2001, FPL Energy Lake Benton Acquisitions, LLC owned 100% of Lake Benton, an EWG. ESI Energy is the parent of the entity that has an interest in Lake Benton. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Energy has outstanding letters of credit of approximately $10.8 million at December 31, 2001 for obligations under purchase and sale of power agreements. Fees for management and administrative services in 2001 totaled $100,000.

Capitalization and earnings during the reporting period were:

Total equity

  

$

111,035,373

  

Total debt obligations

  

$

0

  

Net loss

  

$

(933,239

)

FPL Group's equity in net loss

  

$

(933,239

)

Lamar Power Partners, LP (Lamar) and its wholly-owned subsidiary Intexco I, LP are located in Paris, Texas. The business address of Lamar is P.O. Box 520, Paris, TX 75461. The facility is a 1000 megawatt natural gas-fired combined-cycle facility which sells its power to a variety of facilities as well as to the market. At December 31, 2001, FPL Energy Paris GP, Inc., and FPL Energy Paris LP, LLC collectively owned 99% of Lamar, an EWG. ESI Energy is the parent of the entities that have an interest in Lamar. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Energy has outstanding letters of credit of approximately $5 million at December 31, 2001 for obligations under purchase and sale of power and fuel agreements and other payments subject to certain contingencies.

Capitalization and earnings during the reporting period were:

Total equity

  

$

442,468,061

Total debt obligations

  

$

0

Net income

  

$

44,959,649

FPL Group's equity in net income

  

$

44,510,053

West Texas Wind Energy Partners, LP (West Texas Wind, A/K/A Southwest Mesa) is located in McCamey, Texas. The business address of West Texas Wind is P.O. Box 547, McCamey, TX 79752. The facility is a 75 megawatt wind plant which sells 100% of its power to Central and Southwest Services, Inc. At December 31, 2001, ESI West Texas Energy, Inc., and ESI West Texas Energy LP, LLC collectively owned 100% of West Texas Wind, an EWG. ESI Energy is the parent of the entities that have an interest in West Texas Wind. ESI Energy is a wholly owned subsidiary of FPL Energy which is wholly owned by FPL Group Capital, a wholly owned subsidiary of FPL Group. FPL Group Capital has guaranteed $3 million at December 31, 2001 for obligations under purchase and sale of power agreements and other payments subject to certain contingencies. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital guarantee. Fees for management and administrative services in 2001 totaled $165,054.

Capitalization and earnings during the reporting period were:

Total equity

  

$

26,688,655

  

Total debt obligations (intercompany)

  

$

40,096,000

  

Net loss

  

$

(2,534,169

)

FPL Group's equity in net income

  

$

(2,534,169

)

FPL Energy Maine, Inc. (FPLE Maine) holds a portfolio of hydro and fossil facilities located throughout the state of Maine, of which 1,120 megawatts qualify for EWG status. The business address of FPLE Maine is 100 Middle Street, Portland, ME 04101. Power is sold either to the ISO New England power market or to third parties via power sales contracts. At December 31, 2001, FPLE Maine owned 100% of FPL Energy Maine Hydro, LLC, FPL Energy Wyman, LLC, FPL Energy Mason, LLC and FPL Energy Cape, LLC, and 61.7831% of FPL Energy Wyman IV, LLC, all of which are EWGs. FPLE Maine is 100% owned by FPL Energy, which is a wholly-owned subsidiary of FPL Group Capital, a wholly-owned subsidiary of FPL Group.

Capitalization and earnings during the reporting period were:

Total equity

  

$

516,019,842

Total debt obligations

  

$

0

Net income

  

$

53,448,765

FPL Group's equity in net income

  

$

53,448,765

FPL Energy MH50, LP (MH50), is located in Marcus Hook, PA. The business address of MH50 is P.O. Box 426, Delaware Avenue & Green Street, Marcus Hook, PA 19061. The facility is a 50 megawatt gas-fired simple cycle plant which sells 100% of its power to the PJM power market. At December 31, 2001, FPL Energy MH50, GP LLC and FPL Energy MH50, LP LLC each owned partnership interests in MH50, an EWG. These interests in the aggregate equal 100%. ESI Energy is the parent of the entities that own MH50. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group.

Capitalization and earnings during the reporting period were:

Total equity

  

$

15,119,519

Total debt obligations

  

$

0

Net income

  

$

1,410,933

FPL Group's equity in net income

  

$

1,410,933

ESI Vansycle Partners, LP (Vansycle), is a 25 megawatt wind plant located in Helix, Oregon, which sells 100% of its power to Portland General Electric Company. The business address of Vansycle is P.O. Box 310, Helix, OR 97835. At December 31, 2001, ESI Vansycle GP, Inc. (ESI GP) and ESI Vansycle LP, Inc. (ESI LP) own 1% and 99%, respectively, of Vansycle, an EWG. ESI GP and ESI LP are wholly-owned subsidiaries of ESI Energy. ESI Energy is a wholly-owned subsidiary of FPL Energy, which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Energy has guaranteed $500,000 for site remediation at the Vansycle plant. Fees for management and administrative services in 2001 totaled $78,792.

Capitalization and earnings during the reporting period were:

Total equity

  

$

24,524,075

Total debt obligations

  

$

0

Net income

  

$

904,201

FPL Group's equity in net income

  

$

904,201

FPL Energy Vansycle LLC (Stateline), is a 263 megawatt wind plant located in Umatilla County, Oregon and Walla Walla County, Washington, which sells 100% of its power to Pacificorp Power Marketing, Inc. The business address of Stateline is P.O. Box 409, Touchet, WA 99360. At December 31, 2001, ESI Energy owns 100% of Stateline, an EWG. ESI Energy is a wholly-owned subsidiary of FPL Energy, which is a wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Group Capital has an outstanding letter of credit of approximately $1.5 million at December 31, 2001. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital letter of credit.

Capitalization and earnings during the reporting period were:

Total equity

  

$

203,234,493

  

Total debt obligations

  

$

0

  

Net loss

  

$

(262,624

)

FPL Group's equity in net loss

  

$

(262,624

)

Badger Windpower, LLC (Badger, A/K/A Montfort), is located in Montfort, Wisconsin. The business address of Badger is 3145 Anderson Lane, Montfort, WI 53569. The facility is a 30 megawatt wind plant which sells 85% of its power to Wisconsin Electric - Wisconsin Gas, a subsidiary of Wisconsin Energy Corporation, and 15% of its power to Alliant Energy-Wisconsin Power and Light. At December 31, 2001, Badger Windpower Holdings, LLC owned 100% of Badger, an EWG. ESI Energy is the parent of the entity that has an interest in Badger. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. ESI Energy has guaranteed $1.0 million for restoration of county roads to prior condition.

Capitalization and earnings during the reporting period were:

Total equity

  

$

30,022,627

Total debt obligations

  

$

0

Net income

  

$

852,191

FPL Group's equity in net income

  

$

852,191

FPL Energy Pecos Wind I, LP (Pecos I) and FPL Energy Pecos Wind II, LP (Pecos II), are located in McCamey, Texas. The business address of Pecos I and II is P.O. Box 547, McCamey, TX 79752. Each of the facilities is an 80 megawatt wind plant which sells 100% of its power to TXU Electric Company. At December 31, 2001, FPL Energy Pecos Wind I GP, LLC, and FPL Energy Pecos Wind I LP, LLC, collectively owned 100% of Pecos I, an EWG. At December 31, 2001, FPL Energy Pecos Wind II GP, LLC, and FPL Energy Pecos Wind II LP, LLC, collectively owned 100% of Pecos II, an EWG. ESI Energy is the parent of the entities that have an interest in Pecos I and II. ESI Energy is a wholly owned subsidiary of FPL Energy which is wholly owned by FPL Group Capital, a wholly owned subsidiary of FPL Group. FPL Group Capital has issued letters of credit of $2.5 million at December 31, 2001 for obligations under purchase and sale of power agreements. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital letters of credit. Fees for management and administrative services in 2001 totaled $150,000.

Capitalization and earnings during the reporting period were:

Total equity

  

$

128,121,578

  

Total debt obligations

  

$

0

  

Net loss

  

$

(1,087,316

)

FPL Group's equity in net loss

  

$

(1,087,316

)

FPL Energy Upton Wind I, LP (Upton I), FPL Energy Upton Wind II, LP (Upton II), FPL Energy Upton Wind III, LP (Upton III), and FPL Energy Upton Wind IV, LP (Upton IV), are located in Upton County, Texas. The business address of Upton I, II, III and IV is P.O. Box 547, McCamey, TX 79752. Upton I is a 79.3 megawatt wind plant which sells 100% of its power to Austin Energy. Upton II is a 79.3 megawatt wind plant which sells 100% of its power to Reliant Energy Renewables, Inc. Upton III is a 79.3 megawatt wind plant which sells 100% of its power to Reliant Energy Renewables, Inc. Upton IV is a 40.3 megawatt wind plant which sells 100% of its power to Reliant Energy Renewables, Inc. At December 31, 2001, FPL Energy Upton Wind I GP, LLC, and FPL Energy Upton Wind I LP, LLC, collectively owned 100% of Upton I, an EWG. At December 31, 2001, FPL Energy Upton Wind II GP, LLC, and FPL Energy Upton Wind II LP, LLC, collectively owned 100% of Upton II, an EWG. At December 31, 2001, FPL Energy Upton Wind III GP, LLC, and FPL Energy Upton Wind III LP, LLC, collectively owned 100% of Upton III, an EWG. At December 31, 2001, FPL Energy Upton Wind IV GP, LLC, and FPL Energy Upton Wind IV LP, LLC, collectively owned 100% of Upton IV, an EWG. ESI Energy is the parent of the entities that have interests in Upton I, II, III and IV. ESI Energy is a wholly owned subsidiary of FPL Energy which is wholly owned by FPL Group Capital, a wholly owned subsidiary of FPL Group. FPL Energy has guaranteed $10.8 million at December 31, 2001 for obligations under the Engineering, Procurement and Construction Agreement (EPC). Upton I and FPL Group Capital have issued a letter of credit for $50 million at December 31, 2001 with RES (Construction) L.P. for obligations under the EPC regarding wind turbines. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital letter of credit.

Capitalization and earnings during the reporting period were:

Total equity

  

$

257,493,653

  

Total debt obligations

  

$

0

  

Net loss

  

$

(1,406,080

)

FPL Group's equity in net loss

  

$

(1,406,080

)

 

 

 

 

Claimant has caused this statement to be duly executed on its behalf by its authorized officer this 28th day of February, 2002.



 

FPL Group, Inc.




K. MICHAEL DAVIS

  

K. Michael Davis
Controller and Chief Accounting Officer
(Principal Accounting Officer)




(Corporate Seal)




Attest:




D. P. COYLE

D. P. Coyle, General Counsel and Secretary




Name, title and address of officer to whom notices and correspondence concerning this statement should be addressed:

K. Michael Davis
Controller and Chief Accounting Officer
FPL Group, Inc.
700 Universe Boulevard
Juno Beach, FL 33408

 

 

APPENDIX 1

SUBSIDIARIES OF FPL GROUP, INC.
December 31, 2001



Name

Jurisdiction
of
Incorporation



Location



Nature of Business

FPL GROUP CAPITAL INC

Florida

Juno Beach

Holds the stock of and provides the funding for the operating companies other than FPL.

*Alandco Inc.

Florida

Juno Beach

Holds real estate investments.

**Alandco I, Inc.

Florida

Juno Beach

Holds real estate investments.

**Alandco/Cascade, Inc.

Florida

Juno Beach

Holds real estate investments.

*CAS Investments, Inc.

Delaware

Wilmington

Owns investment securities.

*FPL Energy Services, Inc.

Florida

Miami

Formed to provide ongoing services to implement energy programs.

**EDMpro.com, Inc.

Delaware

Juno Beach, FL

Data management company.

*FPL Energy, LLC

Delaware

Juno Beach

Participates in energy market and clean fuel generation.

**BAC Investment Corp.

Delaware

Wilmington

Manages intangible assets.

**ESI Energy, LLC

Delaware

Juno Beach

Participates in energy market and clean fuel generation.

***Alpha Joshua (Prime), Inc.

California

Juno Beach, FL

Inactive.

***Alpha Mariah (Prime), Inc.

California

Juno Beach, FL

Inactive.

***Arkansas EcoEnergy Center, LLC

Delaware

Juno Beach, FL

Inactive.

***Badger Windpower Holdings, LLC

Delaware

Juno Beach, FL

Holding company.

***Beta Mariah (Prime), Inc.

California

Juno Beach, FL

Inactive.

***Beta Willow (Prime), Inc.

California

Juno Beach, FL

Inactive.

***Big Sandy Acquisitions, LLC

Delaware

Juno Beach, FL

Inactive.

***Blythe Energy Acquisitions, LLC

Delaware

Juno Beach, FL

Owns a gas-fired merchant facility.

****FPL Energy Blythe, LLC

Delaware

Juno Beach, FL

Owns a gas-fired merchant facility.

*****Blythe Energy, LLC

Delaware

Juno Beach, FL

Owns and operates a power generation facility.

***Boulevard Associates, LLC

Delaware

Juno Beach, FL

Formed to acquire land options.

***Calhoun Power Company II Transmission
       Co., LLC

Delaware

Juno Beach, FL

Inactive.

***Calhoun Power Company II, LLC

Delaware

Juno Beach, FL

Formed to develop gas fired project.

***Coosa River Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

****Coosa River Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***ESI Altamont Acquisitions, Inc.

Florida

Juno Beach

Participates in a wind power project.

****Green Ridge Power LLC

Delaware

Juno Beach

Participates in a wind power project.

*****Altamont Infrastructure Company LLC

Delaware

Juno Beach

Participates in a wind power project.

******U.S. Windpower Transmission Corporation

Delaware

Juno Beach

Participates in a wind power project.

*****Green Ridge Power Ranch, LLC

Delaware

Juno Beach, FL

Owns and operates wind turbine generators.

*****USW Land Corporation

Delaware

Juno Beach

Participates in a wind power project.

****Green Ridge Services LLC

Delaware

Juno Beach

Participates in a wind power project.

***ESI Antilles LP, Inc.

Florida

Juno Beach

Inactive.

***ESI Antilles, Inc.

Florida

Juno Beach

Inactive.

***ESI Australia II, Inc.

Delaware

Juno Beach, FL

Inactive.

***ESI Bay Area GP, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI Bay Area, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI Brady, Inc.

Florida

Juno Beach

Participates in a geothermal project.

***ESI California Holdings, Inc.

California

Juno Beach, FL

Holding company.

****CH Ormesa LP, Inc.

Florida

Juno Beach

Participates in a geothermal project.

****CH Ormesa, Inc.

Florida

Juno Beach

Participates in a geothermal project.

****CH POSDEF LP, Inc.

Florida

Juno Beach

Participates in a coal project.

****CH POSDEF, Inc.

Florida

Juno Beach

Participates in a coal project.

****ESI Sky River, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI Calistoga GP, Inc.

Florida

Juno Beach

Inactive.

***ESI Calistoga LP, Inc.

Florida

Juno Beach

Inactive.

***ESI Cherokee GP, Inc.

Florida

Juno Beach

Participates in a combined cycle natural gas project.

***ESI Cherokee Holdings, Inc.

Florida

Juno Beach

Participates in a combined cycle natural gas project.

****Cherokee County Cogeneration Corp.

Delaware

Juno Beach, FL

Inactive.

****ESI Cherokee MGP, Inc.

Florida

Juno Beach

Participates in a combined cycle natural gas project.

***ESI Cherokee LP, Inc.

Florida

Juno Beach

Participates in a combined cycle natural gas project.

***ESI Chesapeake Power, Inc.

Florida

Juno Beach

Inactive.

***ESI Dixie Valley LP, Inc.

Florida

Juno Beach

Inactive.

***ESI Dixie Valley, Inc.

Florida

Juno Beach

Inactive.

***ESI Doswell GP, Inc.

Florida

Juno Beach

Participates in combined cycle natural gas project.

****Doswell I, Inc.

Florida

Juno Beach

Participates in combined cycle natural gas project.

***ESI Double "C", Inc.

Florida

Juno Beach

Participates in a natural gas project.

***ESI Ebensburg, Inc.

Florida

Juno Beach

Participates in a coal-fired project.

***ESI Geothermal, Inc.

Florida

Juno Beach

Inactive.

****ESCA, LLC

Delaware

New York, NY

Inactive.

***ESI Hawkeye Power, LLC

Florida

Juno Beach

Participates in a wind project.

***ESI Jonesboro, Inc.

Florida

Juno Beach

Inactive.

***ESI Kern Front, Inc.

Florida

Juno Beach

Participates in a natural gas project.

***ESI LP, Inc.

Florida

Juno Beach

Formed to invest in partnerships.

****ESI Ebensburg, LLC

Delaware

Juno Beach, FL

Participates in a coal-fired project.

*****ESI Ebensburg GP, Inc.

Delaware

Juno Beach, FL

Participates in a coal-fired project.

*****ESI Ebensburg LP, Inc.

Delaware

Juno Beach, FL

Participates in a coal-fired project.

****ESI Montgomery County, LLC

Florida

Juno Beach

Participates in a waste-to-energy project.

*****ESI Montgomery County GP, Inc.

Florida

Juno Beach

Participates in a waste-to-energy project.

*****ESI Montgomery County LP, Inc.

Florida

Juno Beach

Inactive.

***ESI Lake Benton Holdings, Inc.

Florida

Juno Beach

Inactive.

***ESI Mojave LLC

Delaware

Juno Beach, FL

Inactive.

****Mojave 16/17/18 LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

***ESI Mojave, Inc.

Florida

Juno Beach

Participates in a wind power project.

****ESI Mojave LLC

Delaware

Juno Beach, FL

Inactive.

***ESI Multitrade LP, Inc.

Florida

Juno Beach

Participates in a wood-burning electric generating project.

***ESI New Bedford LLC

Delaware

Juno Beach, FL

Inactive.

***ESI New Jersey Energy GP, Inc.

Florida

Juno Beach

Inactive.

***ESI Northeast Energy Acquisition Funding, Inc.

Florida

Juno Beach

Formed to acquire generation assets.

****ESI Tractebel Acquisition Corp.

Delaware

Juno Beach, FL

Electric generation project.

***ESI Northeast Energy Funding, Inc.

Florida

Juno Beach

A funding corporation.

****ESI Tractebel Funding Corp.

Delaware

Juno Beach, FL

Services debt.

***ESI Northeast Energy GP, Inc.

Florida

Juno Beach

Participate in combined cycle natural gas project.

***ESI Northeast Energy LP, Inc.

Florida

Juno Beach

Participate in combined cycle natural gas project.

***ESI Northeast Fuel Management, Inc.

Florida

Juno Beach

Provides fuel management services.

***ESI Ormesa Debt Holdings LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interest.

***ESI Ormesa Equity Holdings LLC

Delaware

Juno Beach, FL

Participates in a geothermal project.

***ESI Ormesa Holdings I LLC

Delaware

Juno Beach, FL

Participates in a geothermal project.

***ESI Ormesa Holdings, Inc.

Florida

Juno Beach

Formed to acquire partnership interest.

***ESI Ormesa IE Equity, Inc.

Florida

Juno Beach

Participates in a geothermal project.

***ESI Ormesa IE Resource LLC

Florida

Juno Beach

Participates in a geothermal project.

***ESI Ormesa IH Equity LLC

Delaware

Juno Beach, FL

Inactive.

***ESI Ormesa IH Resource LLC

Delaware

Juno Beach, FL

Inactive.

***ESI Philippines, Inc.

Florida

Juno Beach

Inactive.

***ESI Pittsylvania, Inc.

Florida

Juno Beach

Participates in a wood-burning electric generating project.

***ESI Prairie Winds GP, L.L.C.

Delaware

Juno Beach, FL

Inactive.

***ESI Prairie Winds LP, L.L.C.

Delaware

Juno Beach, FL

Inactive.

***ESI SEMASS Corp. LP, Inc.

Florida

Juno Beach

Inactive.

***ESI Sierra, Inc.

Florida

Juno Beach

Participates in a natural gas project.

***ESI Silverado Delaware, LLC

Delaware

Juno Beach, FL

Inactive.

****ESI Silverado Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

***ESI Steamboat, Inc.

Florida

Juno Beach

Inactive.

***ESI Tehachapi Acquisitions, Inc.

Florida

Juno Beach

Participates in wind power projects.

****Cameron Ridge LLC

Delaware

Juno Beach, FL

Participates in wind power projects.

****Windco LLC

Delaware

Juno Beach, FL

Participates in wind power projects.

*****Altamont Power LLC

Delaware

Juno Beach, FL

Participates in wind power projects.

******Altamont Power 1998 LLC

Delaware

Juno Beach, FL

Participates in wind power projects.

***ESI Vansycle GP, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI Vansycle LP, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI Victory, Inc.

Florida

Juno Beach

Participates in a wind power project.

***ESI WTE Development, Inc.

Florida

Juno Beach

Inactive.

***ESI West Enfield, Inc.

Florida

Juno Beach

Inactive.

***ESI West Texas Energy LP, LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

***ESI West Texas Energy, Inc.

Florida

Juno Beach

Participates in a wind power project.

***East Mesa Geothermal LLC

Delaware

Juno Beach, FL

Geothermal qualifying facility.

***FPL Energy Altamont Acquisitions LLC

Delaware

Santa Rosa, CA

Inactive.

***FPL Energy Bastrop GP, Inc.

Florida

Juno Beach

Participates in a gas fired project.

***FPL Energy Bastrop LP, LLC

Delaware

Juno Beach, FL

Participates in a gas fired project.

***FPL Energy Bayswater, LLC

Delaware

Juno Beach, FL

Holding company.

****Bayswater Peaking Facility, LLC

Delaware

Juno Beach, FL

Formed to construct and own a gas peaking power facility.

***FPL Energy Bellingham, Inc.

Florida

Juno Beach

Inactive.

***FPL Energy Bellingham, LLC

Florida

Juno Beach

Inactive.

***FPL Energy Blue Mountain, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Cal Hydro, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Calhoun I, LLC

Delaware

Juno Beach, FL

Participates in a gas fired project.

****Calhoun Power Company I, LLC

Delaware

Juno Beach, FL

Participates in a gas fired project.

***FPL Energy California Wind, LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

****ESI Cannon Acquisitions LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

*****Ridgetop Power Corporation

California

Juno Beach, FL

Operates a wind power project.

******Ridgetop Energy, LLC

Delaware

Juno Beach, FL

Operates a wind power project.

****FPL Energy Pacific Crest Partner, LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

*****Pacific Crest Power, LLC

Delaware

Juno Beach, FL

Participates in a wind power project.

***FPL Energy Coldwater Creek, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Doswell Holdings, Inc.

Florida

Juno Beach

Inactive.

****Doswell Funding Corporation

Florida

Juno Beach

Inactive.

****UFG Holdings, Inc.

Delaware

Wilmington

Manages intangible assets.

***FPL Energy East Mesa LLC

Delaware

Juno Beach, FL

Participates in geothermal project.

***FPL Energy Equipment Facility, LLC

Delaware

Juno Beach, FL

Special purpose entity.

***FPL Energy Everett LLC

Delaware

Juno Beach, FL

Develop and construct combined cycle natural gas project.

****Northwest Power Company, LLC

Washington

Juno Beach, FL

Develop and construct combined cycle natural gas project.

***FPL Energy Forney, Inc.

Florida

Juno Beach

Develop combined cycle natural gas project.

***FPL Energy Forney, LLC

Delaware

Juno Beach, FL

Develop combined cycle natural gas project.

***FPL Energy GRP 91-2, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy GRP 92, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Geo East Mesa Partners, Inc.

Florida

Juno Beach

Participates in geothermal project.

****Gem Resources, LLC

Delaware

Juno Beach, FL

Participates in geothermal project.

***FPL Energy Geysers Holdings I, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Geysers Holdings II, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Gray County Wind, LLC

Delaware

Juno Beach, FL

Holding company.

***FPL Energy Great Plains Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Hancock County Wind Farm, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Hancock County Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Illinois Wind Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Island End GP, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Island End LP, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Joshua Falls, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Kelley, LLC

Delaware

Juno Beach, FL

Participate in development of gas generation power plant.

***FPL Energy Kentucky Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****Summer Shade Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Summer Shade Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Lake Benton Acquisitions, LLC

Delaware

Juno Beach, FL

Participate in a wind project.

***FPL Energy Linfield LP, LLC

Delaware

Juno Beach, FL

Development of gas-fired project.

****FPL Energy Linfield GP, LLC

Delaware

Juno Beach, FL

Development of gas-fired project.

***FPL Energy Livermore, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Louisiana Holdings, Inc.

Delaware

Juno Beach, FL

Inactive.

****Red River Energy Development, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy MH50 GP, LLC

Delaware

Juno Beach, FL

Participates in combined cycle natural gas project.

***FPL Energy MH50 LP,LLC

Delaware

Juno Beach, FL

Participates in combined cycle natural gas project.

***FPL Energy Marcus Hook LLC

Delaware

Juno Beach, FL

Development of gas-fired project.

****FPL Energy MH700, LLC

Delaware

Juno Beach, FL

Development of gas-fired project.

***FPL Energy Mississippi Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****FPLE Red Bay Development, LLC

Delaware

Juno Beach, FL

Inactive.

****New Albany Energy Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****New Albany Energy Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

****Red Hill Development Company LLC

Delaware

Juno Beach, FL

Inactive.

*****Eastview Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Sandersville Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

****Union Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Union Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Mojave, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Mojave Operating Services, LLC

Delaware

Juno Beach, FL

Provides operating and maintenance services for wind projects.

***FPL Energy Morwind, LLC

Delaware

Juno Beach, FL

Participates in wind farm.

***TPC Windfarms, LLC

Delaware

Juno Beach, FL

Wind farm.

***FPL Energy New Mexico Wind Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****FPL Energy New Mexico Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy North Carolina Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****Mountain Creek Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Mountain Creek Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Oklahoma Wind Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****FPL Energy Oklahoma Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Operating Services, Inc.

Florida

Juno Beach

Provides operating and maintenance services and fuel procurement for projects.

***FPL Energy Brady Power Services, Inc.

Florida

Juno Beach

Inactive.

****FPL Energy CO2 Operations, Inc.

Florida

Juno Beach

Inactive.

****FPL Energy Calistoga Power Services, Inc.

Florida

Juno Beach

Inactive.

****FPL Energy Doswell Power Services, Inc.

Florida

Juno Beach

Inactive.

****FPL Energy Virginia Power Services, Inc.

Florida

Juno Beach

Inactive.

****Texas Wind Operating Services, Inc.

Delaware

Juno Beach, FL

Provides operating and maintenance services for Texas projects.

***FPL Energy PRG, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Paris GP, Inc.

Delaware

Juno Beach, FL

Participates in a natural gas project.

***FPL Energy Paris LP, LLC

Delaware

Juno Beach, FL

Participates in a natural gas project.

***FPL Energy Pecos Wind I GP, LLC

Delaware

Juno Beach

Wind project.

***FPL Energy Pecos Wind I LP, LLC

Delaware

Juno Beach, FL

Wind project.

***FPL Energy Pecos Wind II GP, LLC

Delaware

Juno Beach, FL

Wind project.

***FPL Energy Pecos Wind II LP, LLC

Delaware

Juno Beach

Wind project.

***FPL Energy Sacramento Power, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Solar Funding Corp.

Florida

Juno Beach

Inactive.

****FPL Energy Caithness Funding Corporation

Delaware

Juno Beach, FL

Services debt.

***FPL Energy South Carolina Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****Cherokee Falls Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Cherokee Falls Power Development Company,        LLC

Delaware

Juno Beach, FL

Inactive.

****FPL Energy Anderson, LLC

Delaware

Juno Beach, FL

Development of generation power project.

***FPL Energy Tennessee Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****Flint Valley Energy Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Flint Valley Energy Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

****Milan Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Milan Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Terra, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Upton Wind I GP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind I LP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind II GP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind II LP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind III GP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind III LP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind IV GP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Upton Wind IV LP, LLC

Delaware

Juno Beach, FL

Participant in wind farm.

***FPL Energy Valley Power, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Virginia Holdings, Inc.

Florida

Juno Beach

Holding company.

****FPL Energy Virginia Funding Corporation

Delaware

Wilmington

Services debt.

***FPL Energy Western Development, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Westside Power, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy White Oak, LLC

Delaware

Juno Beach, FL

Inactive.

****White Oak Power Company, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Windridge Acquisitions, LLC

Delaware

Juno Beach, FL

Inactive.

****Windridge LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Wisconsin Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****FPL Energy Wisconsin Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Great Plains Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Pecos Leasing GP, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Pecos Leasing LP, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Rhode Island State Energy GP, Inc.

Florida

Juno Beach

Participates in a natural gas project.

***FPLE Rhode Island State Energy LP, LLC

Delaware

Juno Beach, FL

Participates in a natural gas project.

***FPLE Sunrise Energy Center LLC

Delaware

Juno Beach, FL

Inactive.

****Sunrise Energy Center LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Texas Wind I, LLC

Delaware

Juno Beach, FL

Inactive.

****Texas Wind Partners I, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Texas Wind II, LLC

Delaware

Juno Beach, FL

Inactive.

****Texas Wind Partners II, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Upton Leasing GP, LLC

Delaware

Juno Beach, FL

Inactive.

***FPLE Upton Leasing LP, LLC

Delaware

Juno Beach, FL

Inactive.

***Harper Lake Acquisitions, Inc.

Florida

Juno Beach

Inactive.

***Harper Lake Holdings, Inc.

Florida

Juno Beach

Inactive.

***Harper Lake Management, Inc.

Florida

Juno Beach

Inactive.

***High Desert Land Acquisition LLC

Delaware

Juno Beach, FL

Holds land.

***High Winds Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

****High Winds, LLC

Delaware

Juno Beach, FL

Inactive.

***Hyperion IX, Inc.

Florida

Juno Beach

Participates in a solar electric generating system.

***Hyperion VIII, Inc.

Florida

Juno Beach

Participates in a solar electric generating system.

***KM Acquisitions, LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interests.

****KM Acquisitions X GP, LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interests.

****KM Acquisitions XI GP, LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interests.

****KM Acquisitions XII GP, LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interests.

****KM Acquisitions XIII GP, LLC

Delaware

Juno Beach, FL

Formed to acquire partnership interests.

***LET Holdings, LLC

Delaware

Juno Beach, FL

Manager of banking accounts for subsidiaries.

***MES Financial Corp.

Delaware

Wilmington

Manages intangible assets.

***Midway Power, LLC

Delaware

Juno Beach, FL

Inactive.

***NG Acquisition L.L.C.

Florida

Juno Beach

Inactive.

****Nevada Geothermal Holdings L.L.C.

Florida

Juno Beach

Inactive.

***Northern Cross Investments, Inc.

Delaware

Juno Beach, FL

Manages intangible assets.

***Northern Great Plains Wind, LLC

Delaware

Juno Beach, FL

Inactive.

***Oconee River Development Company, LLC

Delaware

Juno Beach, FL

Inactive.

****Oconee River Transmission Company, LLC

Delaware

Juno Beach, FL

Inactive.

***Opal Holdings, LLC

Delaware

Juno Beach, FL

Inactive.

***Pacific Power Investments, Inc.

Delaware

Wilmington

Manages intangible assets.

***Philadelphia Refinery Generation, LLC

Delaware

Juno Beach, FL

Inactive.

***Southern Sierra Power, LLC

Delaware

Juno Beach, FL

Inactive.

***Sullivan Street Investments, Inc.

Delaware

Juno Beach, FL

Manages intangible assets.

***Timber Creek Power Company, LLC

Delaware

Juno Beach, FL

Development company.

****Chaplin's Acreage Transmission Company, LLC

Delaware

Juno Beach, FL

Electric power transmission.

***Tower Associates, LLC

Delaware

Juno Beach, FL

Tower and land leases.

**FPL Energy East Mesa Holdings LLC

Delaware

Juno Beach, FL

Participates in a geothermal project.

**FPL Energy Maine, Inc.

Delaware

Juno Beach, FL

Participates in generation assets.

***FPL Energy Maine Holdings, LLC

Delaware

Juno Beach, FL

Participates in fossil generation.

***FPL Energy Maine Operating Services LLC

Delaware

Juno Beach, FL

Provides operating and maintenance services for a power company.

***FPL Energy Spruce Point LLC

Delaware

Juno Beach, FL

Provider of services for fossil and hydro generation facilities.

**FPL Energy Power Marketing, Inc.

Florida

Juno Beach

Provides retail marketing services.

**FPL Energy Project Management, Inc.

Florida

Juno Beach

Provides employee services.

***Blythe Project Management, LLC

Delaware

Juno Beach, FL

Construction agent for a gas-fired merchant facility.

**FPL Group International, Inc.

Florida

Juno Beach

Inactive.

***FPL Energy Brazil I, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Energy Brazil II, LLC

Delaware

Juno Beach, FL

Inactive.

***FPL Group Argentina, Inc.

Florida

Juno Beach

Inactive.

***FPL Group International South America II, Inc.

Florida

Juno Beach

Inactive.

****FPL Group International Brazil (Cayman) I, Inc.

Cayman

Cayman Islands, B.W.I.

Inactive.

****FPL Group International Brazil (Cayman) II, Inc.

Cayman

Cayman Islands, B.W.I.

Inactive.

***FPL Group International South America, Inc.

Florida

Juno Beach

Inactive.

****FPL Group International Brazil (Cayman) I, Inc.

Cayman

Cayman Islands, B.W.I.

Inactive.

****FPL Group International Brazil (Cayman) II, Inc.

Cayman

Cayman Islands, B.W.I.

Inactive.

***FPL Mamonal, Inc.

Florida

Juno Beach

Inactive.

***FPL-I TPP, Inc.

Florida

Juno Beach

Holding company.

***Karaha Bodas Investment Corp.

Cayman

Cayman Islands, B.W.I.

Inactive.

****Java Geothermal Company, LLC

Delaware

Juno Beach, FL

Inactive.

*****Karaha Bodas Company, L.L.C.

Cayman

Cayman Islands, B.W.I.

Inactive.

**Square Lake Holdings, Inc.

Delaware

Juno Beach, FL

Manages intangible assets.

*FPL FiberNet, LLC

Delaware

Miami, FL

Exempt telecommunications company.

*FPL Group Holdings 1, Inc.

Florida

Juno Beach

Inactive.

*FPL Group Holdings 2, Inc.

Florida

Juno Beach

Inactive.

*FPL Holdings Inc

Florida

Juno Beach

Holds certain fixed assets used by FPL Group.

**Colonial Penn Capital Holdings, Inc.

Delaware

Juno Beach, FL

Holds the stock of Bay Loan and Investment Bank.

*FPL Investments Inc

Florida

Juno Beach

Manages a leveraged lease portfolio.

*HJT Holdings, Inc.

Delaware

Wilmington

Manages intangible assets.

*LCR Holdings, Inc.

Delaware

Wilmington

Manages intangible assets.

*Palms Insurance Company, Limited

Cayman

Cayman Islands, B.W.I.

Operates as a captive insurance company primarily engaged in reinsuring liability insurance coverage for FPL Group, Inc. and its subsidiaries.

*Praxis Group, Inc.

Delaware

Miami, FL

Holds certain immaterial assets and liabilities, but no longer actively in business.

*QualTec Professional Services, Inc.

Florida

Juno Beach

Inactive.

*Turner Foods Corporation

Florida

Punta Gorda

Holding company.

*West Boca Security, Inc.

Delaware

Wilmington

Holds note receivable.

FPL Group Foundation, Inc.

Florida

Juno Beach

Formed to become a nonprofit corporation for charitable purposes.

Florida Power & Light Company

Florida

Juno Beach

Electric utility company.

*FPL Enersys, Inc.

Florida

Juno Beach

Formed to pursue opportunities for development or acquisition of energy systems.

**FPL Energy Services II, Inc.

Florida

Juno Beach

Development of energy management systems.

*FPL Historical Museum, Inc.

Florida

Juno Beach

A not-for-profit corporation formed to collect and preserve tangible objects that help interpret or describe the history of Florida Power & Light Company.

*GridFlorida LLC

Florida

Miami

Transmission company.

*KPB Financial Corp.

Delaware

Wilmington

Formed to manage intangible assets.

WCB Holding Corp.

Delaware

Juno Beach, FL

Inactive.